Published On: Tue, Sep 13th, 2016

American Capital Agency Corp. (AGNC) Sees Large Volume Increase

American Capital Agency Corp. (NASDAQ:AGNC) shares saw an uptick in trading volume on Monday . 2,844,831 shares traded hands during trading, an increase of 6% from the previous session’s volume of 2,671,453 shares.The stock last traded at $19.22 and had previously closed at $19.05.
A number of research firms have recently commented on AGNC. Nomura lowered American Capital Agency Corp. to a “hold” rating in a research report on Saturday, July 9th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of American Capital Agency Corp. in a research report on Thursday, August 4th. Citigroup Inc. raised their price target on American Capital Agency Corp. from $18.00 to $19.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 3rd. Wunderlich raised American Capital Agency Corp. from a “hold” rating to a “buy” rating and raised their price target for the stock from $19.50 to $23.00 in a research report on Monday, May 23rd. Finally, Bank of America Corp. raised American Capital Agency Corp. from an “underperform” rating to a “neutral” rating in a research report on Wednesday, June 29th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company’s stock. American Capital Agency Corp. currently has an average rating of “Hold” and a consensus price target of $20.48.
The firm has a 50-day moving average of $19.72 and a 200-day moving average of $19.02. The company’s market cap is $6.39 billion.

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American Capital Agency Corp. (NASDAQ:AGNC) last announced its earnings results on Wednesday, July 27th. The real estate investment trust reported $0.73 EPS for the quarter, beating the consensus estimate of $0.51 by $0.22. American Capital Agency Corp. had a positive return on equity of 9.64% and a negative net margin of 103.59%. During the same quarter last year, the business posted $0.60 EPS.
The firm also recently announced a aug 16 dividend, which was paid on Friday, September 9th. Investors of record on Wednesday, August 31st were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, August 29th. This represents a dividend yield of 11.01%. American Capital Agency Corp.’s payout ratio is -74.48%.
In related news, SVP Bernice Bell sold 9,504 shares of the company’s stock in a transaction dated Tuesday, July 5th. The stock was sold at an average price of $19.55, for a total transaction of $185,803.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Christopher Kuehl sold 153,987 shares of the company’s stock in a transaction dated Tuesday, July 5th. The shares were sold at an average price of $19.55, for a total value of $3,010,445.85. The disclosure for this sale can be found here. Corporate insiders own 0.21% of the company’s stock.
American Capital Agency Corp. Company Profile
American Capital Agency Corp. is a real estate investment trust (REIT). The Company primarily invests on a leveraged basis in agency mortgage-backed securities (agency MBS). The Company’s investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

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